Project Description

NNN Children of America – Port Jeff Station, NY

1661 Route 112, Port Jefferson Station, NY 11776

Executive Summary:

Price: $5,600,000
Building Size: 12,500 SF
Property Type: Retail – Day Care
Lot Size: 4.66 Acres
Year Built: 2013
Cap Rate: 6.25%
NOI: $350,000
Location:
1661 Route 112
Port Jeff Station, NY 11776

Investment Highlights

  • Triple-Net (NNN) Lease – No Landlord Responsibilities
  • New 15-Year Lease With Annual Rent Increases
  • Ample Parking – Over 50 Parking Spaces
  • Long Term Daycare Tenant – Thriving Business

Investment Summary

American Investment Properties is retained to sell 1661 Route 112 in Port Jefferson Station, New York. At this location you’ll find a single tenant daycare center. This tenant is on a triple-net (NNN) lease, there are no landlord responsibilities.

The tenant, Children of America, just signed a new 15-year lease beginning in 2021 with annual rent increases and options

Children of America is a strong daycare tenant. They are a thriving corporation with nationwide locations.

This location provides a safe driveway and ample parking to accommodate the daily vehicle traffic.

About Port Jefferson Station

Port Jefferson Station is a hamlet and census-designated place located in Suffolk County, Long Island, New York. Majority of its shops, businesses, and restaurants can be found along Nesconset Highway and Route 112.

As of the 2010 census, there were 7,838 people (up from 7,527 in 2000), 2,789 households, and 1,976 families residing in the CDP. The median income for a household in the CDP was $71,218 and the median income for a family was $83,854. Males had a median income of $67,466 and only $32,571 for females.

Port Jefferson Station is primarily served by the Comsewogue School District, although some of its parts are covered by the Mount Sinai School District as well as the Middle Country Central School District. The Learning Center helps students get better grades and improve their learning skills. Club Scout Pack 339 is also based in Port Jefferson Station which provides extra-curricular avenues for self-development of children.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(F) 516.390.5780

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